304, Bluewaters Residences 1
Sold prices and rental history: sold twice, last in March 2021, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 304, Bluewaters Residences 1
What is 304 worth today?
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Source: Dubai Land Department. Updated 1 June 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 2,563 sqft
- Floor
- 3rd of 6
- Parking
- B399, B400
- Developer
- Blue Waters Residential
- Completed
- 2019
- Service charge
- AED 74,300 /yr
- Last sold
- AED 6.3M · March 2021
- Building
- Bluewaters Residences 1
About 304, Bluewaters Residences 1
304 is a four-bedroom apartment of 2,563 sqft on the 3rd floor of Bluewaters Residences 1, a 6-storey tower in Bluewaters Island completed in 2019 by Blue Waters Residential. It last sold on 16 March 2021 for AED 6,300,000, or AED 2,458 per sqft, 6% above the AED 2,314 four-beds in the building were fetching at the time.
It has been rented continuously since 2025 on 4 Ejari contracts. The current contract, signed on 1 June 2026, is AED 1,050,000 a year: a gross yield of 16.7% on the 2021 price, before the service charge of about AED 74,300 a year.
Sales and rents for 304 over time
304 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Bluewaters Residences 1, and where 304 sits
All 17 4-beds →304 last sold in March 2021 at AED 2,458 per sqft, 6% above what four-beds in Bluewaters Residences 1 were fetching at the time (AED 2,314). 304's AED 1,050,000 is in the upper half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Mar 202517 March 2025 | 2,563 sqft | 16,900,000 | 6,594 | ||
| 29 May 202329 May 2023 | 2,563 sqft | 19,400,000 | 7,570 | ||
| 17 Mar 202317 March 2023 | 2,473 sqft | 19,100,000 | 7,721 | ||
| 8 Feb 20238 February 2023 | 2,563 sqft | 16,600,000 | 6,477 |
Bluewaters Residences 1
Building41 apartments, 1-bed to 4-bed over 6 floors in Bluewaters Island, completed in 2019 by Blue Waters Residential. 1 sold in the last 12 months.
- Typical price per sqft
- AED 4,736
- Typical sale
- AED 7.1M
- Typical rent
- AED 500K /yr
- Typical yield
- 6.0%
Other units on the 3rd floor
All 41 units in Bluewaters Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 2-bed | 1,767 sqft | AED 8.5MAED 8,500,000 · Feb 2023February 2023 | ||
| 302 | 2-bed | 1,479 sqft | AED 6.1MAED 6,100,000 · Sep 2022September 2022 | 425,000 /yr | |
| 303 | 2-bed | 1,711 sqft | AED 3.57MAED 3,568,000 · May 2019May 2019 | 340,000 /yr | |
| 305 | 3-bed | 2,175 sqft | AED 3.8MAED 3,800,000 · Sep 2020September 2020 | 290,000 /yr | |
| 306 | 4-bed | 2,474 sqft | AED 5.75MAED 5,750,000 · Nov 2020November 2020 | 800,000 /yr |
304, Bluewaters Residences 1 in numbers
- Sold twice: first on 20 October 2019 for AED 5,766,000, last on 16 March 2021 for AED 6,300,000 (AED 2,458 per sqft).
- Rented since April 2025 on 4 Ejari contracts, from AED 1,500,000 to AED 1,050,000 a year.
- At AED 1,050,000 a year the gross yield on the 2021 price is 16.7%, before a service charge of about AED 74,300 a year (AED 28.99 per sqft).
Source: Dubai Land Department. Updated 1 June 2026.
Questions about 304, Bluewaters Residences 1
What did unit 304 last sell for?
AED 6,300,000 on 16 March 2021: AED 2,458 per sqft for 2,563 sqft. The unit has 2 registered sales; the first was AED 5,766,000 in October 2019.
What is the rent for unit 304?
AED 1,050,000 a year on the contract signed on 1 June 2026. The previous contract, from April 2026, was AED 1,500,000; the unit has been rented since April 2025.
How big is unit 304?
2,563 sqft (238.1 sqm): a four-bedroom apartment on the 3rd floor of a 6-storey tower completed in 2019.
What is unit 304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 304, Bluewaters Residences 1
Starts from the last sale price (AED 6.3M, 16 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 6,300,000
- Deposit, UAE resident (20%)
- AED 1,260,000
- Deposit, non-resident (40%)
- AED 2,520,000
- Monthly over 25 years at 3.7%
- AED 25,775
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →